Auto Warranty Companies Fight For Your Business
extended car warranty - The world of auto warranty companies is actually a fiercely competitive one. You can find a limited number of cars on the highway - granted, there are many them, and all of them, at one point or still, has or had a warranty - but with the large number of companies fighting for your business of these drivers, it means that each and every car owner is definitely the target of some very hungry sales reps.
This is definitely a daunting position to stay in for any car owner. If you are purchasing a new car coming from a dealership, or investing in a used car, you will have people trying to sell you their warranty services.
In the dealership, you might encounter a pushy sales person who can try everything they are able to to obtain to sign on to have an extended warranty once you make your initial purchase. There are advantages to buying during that time, including having the costs in the warranty rolled up into the financing for the car, and understanding that your dealership will continue to be the spot to get any repairs or replacements done. However these comforts might end up costing you hundreds or thousands of dollars in the long run. Sales agents make huge commissions on warranties, so they're eager to get you to sign up for one. But the price that is rolled into the financing will likely be a lot higher than it would if you sought out your own quotes from third-party extended warranty providers. Granted, you should pay more up-front with those third-party companies, rather than adding a little number for your monthly car payment bills. Nevertheless it would likely help you save money.
But as not all car sales person has gone out to rip you off, not all third-party providers are good guys, either. The terms and conditions of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to gain you as being a client, so use that to your benefit. Compare costs, examine each of the regards to the warranties offered, and tell the businesses you consult with “hey, cause me to the very best offer.” If they can't, someone else will.